Sat, Jun 10, 2023 @ 00:15 GMT
HomeContributorsTechnical AnalysisForex Technical Analysis

Forex Technical Analysis


Current level – 10524

The downtrend is intact, currently testing 1.0520 support zone and next hurdle lies at 1.0450. Crucial on the upside is 1.0560 and only a violation of that level will signal a reversal of the slide.

Profit-taking affects gold curbing silver and platinum

Resistance Support
intraday intraweek intraday intraweek
1.0560 1.0705 1.0520 1.0500
1.0630 1.0870 1.0450 1.0350


Current level – 113.40

A reversal has been confirmed at 113.80 and my outlook is already bearish, for a slide towards 112.50, en route to 111.60.

Resistance Support
intraday intraweek intraday intraweek
114.00 118.65 113.20 111.40
114.95 120.00 112.50 109.80


Current level – 1.2491

The outlook is already positive, for a break through 1.2520, towards 1.2610 area. Crucial on the downside is 1.2440 zone.

Resistance Support
intraday intraweek intraday intraweek
1.2520 1.2780 1.2380 1.2230
1.2610 1.2780 1.2346 1.1984

DeltaStock Inc.
DeltaStock Inc.
These analyses are for information purposes only. They DO NOT post a BUY or SELL recommendation for any of the financial instruments herein analyzed. The information is obtained from generally accessible data sources. The forecasts made are based on technical analysis. However, Delta Stock’s Analyst Dept. also takes into consideration a number of fundamental and macroeconomic factors, which we believe impact the price moves of the observed instruments. Delta Stock Inc. assumes no responsibility for errors, inaccuracies or omissions in these materials, nor shall it be liable for damages arising out of any person's reliance upon the information on this page. Delta Stock Inc. shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation, losses or unrealized gains that may result. Any information is subject to change without notice.

Featured Analysis

Learn Forex Trading